792.2000 -13.95 (-1.73%)
NSE Aug 01, 2025 15:31 PM
Volume: 357.8K
 

HDFC Securities
Maintain BUY with a TP of Rs 320 based on 16x Sep-20 EPS. Zensar delivered decent revenue growth but margin performance was subdued. Revenue came in at USD 138.1mn (+2.3% QoQ, +4.1% CC) lower than our estimate of USD 140.7mn due to client issues in Retail (-8.7% CC). Growth was led by sustained recovery in Cloud and Infrastructure Services (CIS) business (+4.0% QoQ, 15% of rev) and Indigo Slate integration (USD 4mn).
Number of FII/FPI investors increased from 290 to 307 in Jun 2025 qtr.
More from Zensar Technologies Ltd.
Recommended